For the first time since 2009, both sisters have made it to the Wimbledon semi-finals.
To make the dream final become a reality, defending champion Serena must beat Russian world number 50 Elena Vesnina, while world number eight Venus plays Australian Open champion Angelique Kerber.
Between 2000 and 2010, Serena and Venus won a combined nine Wimbledon titles and made a total of 14 appearances in the final, with four of those being all-Williams affairs in 2002, 2003, 2008 and 2009.
Now, at an age when most of her contemporaries had long since called it quits, 36-year-old Venus has willed herself back into contention for an eighth Grand Slam crown.
It is a renaissance that makes Serena proud, but even the 34-year-old didn't expect to still be in which a chance of contesting the sport's top prizes with her sister at this advanced stage of their careers.
"When you're younger and you have a dream and you say it and you believe it, that's one thing. But for it to really happen and to come true, it's just a completely different emotion.
"It means Venus has a lot of perseverance. She's a real fighter. Like I always say, it's super inspiring for me. It's really great.
- Inspired -
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World number one Serena, bidding for a record-equalling 22nd major title and seventh Wimbledon crown, appears to have the easier draw against first-time Grand Slam semi-finalist Vesnina, having won all four of their previous encounters.
Kerber defeated Serena to win her maiden Grand Slam crown in Melbourne in January and holds a 3-2 edge in her meetings with Venus.
Venus, the oldest women's Wimbledon semi-finalist since Martina Navratilova in 1994, expects an equally inspired display as the German fourth seed targets a first Wimbledon final.
"Well, clearly it was one of her best days on the court," Venus said of Kerber's win over Serena.
"I imagine that she will try to recreate that. Who wouldn't?"
"I played against her a lot of tough matches. She's always dangerous on grass, especially here in Wimbledon. She has a lot of confidence right now," Kerber said.
"But I'm playing like in Australia,really high-class tennis. I will just try to play aggressive."
If Vesnina beats Serena, it would count as one of the all-time great upsets, but the 29-year-old sounds more like an adoring fan than a player who believes she can spring a surprise.
"Serena, I'm admiring her. She's best player in the world. It will be big challenge for me.
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